More than three quarters of all businesses in the US are family run. (The proportion is even higher elsewhere.) Family ownership means that family relationships, for good or for bad, often trump (or at least complicate) whatever the corporate documents say should be done about distribution of profits; hiring, firing, and promotion of managers; purchase…

The only worse thing than clients is – not having clients. When you do get them, how likely are they to pay you? This is worse for some service providers than for others. Auto repair and other service providers such as computer stores, which get items from customers, can be sued for conversion (and prosecuted for theft) …